Welcome to our dedicated page for Amer Woodmk news (Ticker: AMWD), a resource for investors and traders seeking the latest updates and insights on Amer Woodmk stock.
American Woodmark Corporation (NASDAQ: AMWD) delivers innovative cabinetry solutions for remodeling and new home construction markets. This news hub provides investors and industry professionals with direct access to official announcements, financial updates, and strategic developments from the Virginia-based manufacturer.
Track comprehensive coverage of earnings reports, product innovations, and operational milestones across AMWD's portfolio, including Timberlake, Shenandoah Cabinetry, and Waypoint Living Spaces brands. Our curated news collection simplifies monitoring of manufacturing expansions, sustainability initiatives, and market leadership changes impacting this KCMA-certified cabinetry specialist.
Discover timely updates on AMWD's just-in-time manufacturing advancements, proprietary finish technologies like Tufftech®, and strategic partnerships in the home improvement sector. Bookmark this page for streamlined access to verified information supporting informed analysis of the company's performance in competitive construction materials markets.
American Woodmark (NASDAQ: AMWD) reported Q3 fiscal 2025 results with net sales of $397.6 million, down 5.8% year-over-year. Net income decreased to $16.6 million (4.2% of net sales) with GAAP EPS of $1.09.
The company faced challenges due to softer demand in the remodel market and declining new construction activity. Key metrics include Adjusted EBITDA of $38.4 million (9.7% of net sales) and free cash flow of $1.4 million. The company repurchased 132,075 shares for $12.6 million during Q3.
Management announced the closure of its Orange, Virginia manufacturing facility, expecting to incur restructuring costs of $6.0-8.5 million. The company updated its fiscal 2025 outlook, projecting a mid-single-digit decline in net sales and Adjusted EBITDA between $210-215 million.
American Woodmark (NASDAQ: AMWD) has announced its upcoming participation in the Loop Capital Markets 2025 Investor Conference. The conference is scheduled to take place in New York City on Tuesday, March 11, 2025. The company will be represented by Paul Joachimczyk, Senior Vice President and Chief Financial Officer, along with Kevin Dunnigan, Vice President and Treasurer.
American Woodmark (NASDAQ: AMWD) has announced its participation in the upcoming Wolfe Research Housing Conference in New York City, scheduled for Tuesday, March 4, 2025. The company will be represented by Paul Joachimczyk, Senior Vice President and Chief Financial Officer, along with Kevin Dunnigan, Vice President and Treasurer.
American Woodmark (NASDAQ: AMWD) has announced its upcoming third quarter results conference call, scheduled for Thursday, February 27, 2025. The company will provide multiple ways to access the call:
- A live webcast will begin at 8:30 a.m. Eastern Time on the company's website (americanwoodmark.com)
- An online replay will be available immediately after the call and remain accessible for 30 days
- A telephonic replay will be available from 11:30 a.m. ET on February 27 until 11:30 a.m. ET on March 6, accessible by dialing 877-344-7529 with passcode 2244568
American Woodmark (NASDAQ: AMWD) reported Q2 fiscal 2025 results with net sales of $452.5 million, down 4.5% year-over-year. Net income was $27.7 million ($1.79 per diluted share), compared to $30.3 million last year. Adjusted EBITDA decreased 16.8% to $60.2 million. The company announced a new $125 million stock repurchase authorization and reaffirmed its fiscal 2025 outlook, expecting a low single-digit decline in net sales and Adjusted EBITDA of $225-235 million. During Q2, the company repurchased 348,877 shares for $32.5 million.
American Woodmark (NASDAQ: AMWD) has announced its upcoming second quarter results conference call, scheduled for Tuesday, November 26, 2024, at 8:30 a.m. Eastern Time. The company will provide a live webcast through their website americanwoodmark.com. An online replay will be available immediately after the call and remain accessible for 30 days. Additionally, a telephonic replay will be available from 11:30 a.m. ET on November 26 until 11:30 a.m. ET on December 3, accessible by dialing 877-344-7529 with passcode 1850032.
American Woodmark (NASDAQ: AMWD) has announced its participation in the upcoming Zelman Housing Summit. The event is scheduled for September 12-13, 2024, and will take place at the InterContinental Hotel in Boston, Massachusetts.
Representing the company at the summit will be Scott Culbreth, President and Chief Executive Officer, and Paul Joachimczyk, Senior Vice President and Chief Financial Officer. This participation highlights American Woodmark's commitment to engaging with industry leaders and investors in the housing sector.
The Zelman Housing Summit is a significant event in the real estate and construction industry, providing a platform for companies to showcase their strategies and connect with key stakeholders. American Woodmark's presence at this event may offer insights into the company's future plans and market outlook.
American Woodmark (NASDAQ: AMWD) reported its fiscal first quarter 2025 results. Net sales decreased 7.9% to $459.1 million, while net income fell to $29.6 million ($1.89 per diluted share) compared to $37.9 million ($2.28 per diluted share) last year. Adjusted EBITDA decreased 16.3% to $62.9 million, or 13.7% of net sales.
The company faced weaker demand in the remodel market and expects this trend to continue. Despite challenges, American Woodmark aims for share gains across all channels. For fiscal 2025, the company projects a low single-digit decline in net sales and Adjusted EBITDA between $225 million and $245 million.
American Woodmark (NASDAQ: AMWD) has announced its participation in the upcoming Jefferies Industrial Conference in New York City on September 4, 2024. The company will be represented by two key executives: Paul Joachimczyk, Senior Vice President and Chief Financial Officer, and Kevin Dunnigan, Vice President and Treasurer.
This conference provides an opportunity for American Woodmark to engage with investors and industry professionals, potentially discussing their financial performance, market strategies, and future outlook. The company's presence at such a prominent event highlights its commitment to maintaining strong relationships with the investment community and showcasing its position in the woodworking and home improvement industry.
American Woodmark (NASDAQ: AMWD) has announced its upcoming first quarter conference call, which will be accessible via a real-time webcast. The event is scheduled for Tuesday, August 27, 2024, at 8:30 a.m. Eastern Time. Interested parties can tune in to the live broadcast through the company's website at americanwoodmark.com.
For those unable to attend the live event, an online replay will be available immediately following the call and will remain accessible for 30 days. Additionally, a telephonic replay will be offered from 11:30 a.m. Eastern Time on August 27 until 11:30 a.m. Eastern Time on September 3. To access the telephonic replay, dial 877-344-7529 and enter passcode 8911999.
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